THINGS I BELIEVE
I believe there is a short position. A very large one.
I believe the shorts have by now figured out that they can NOT cover the UCAD dividend on the open market.
I believe they have figured out that they cannot cover the CIM dividend on the open market should the company go public or reverse merge.
I believe they have figured out by now that they can NOT cover the GEMM first dividend on the open market, let alone the second one.
I believe we will get an SGGM dividend of which I believe the shorts have probably already figured out they cannot cover on the open market either.
I believe as a result of all of the above, a deal of some sort will be struck at which point we will see covering on cmkx. Not until then. And when that happens is still unknown. If the shorts continue to remain stubborn, it could take a few more dividends. If they are finally seeing the light or perhaps get prodded in that direction by the DTC, it could happen soon. Until then, I believe the share price is meaningless. I will be buying GEMM this week if they drop it to .10 again. Only $750 worth. Yes, that could be 3.75M shares of cmkx but right now I have 75M already and I'm betting on the shorts continuing to be very stubborn which will bring a much higher GEMM price in November and hopefully bring me a much higher number of CMKX shares on my flipping GEMM. We'll see.
I don't think I even realized how right I was about September 1 being Roger Glenn hammertime. I just thought it would take effect sooner. But on that date, the shorts took the bait and had by then walked into both the ucad and cim dividends, never to escape. They could have covered before then IMO and avoided all this. Yes, it would have been costly and might have driven cmkx up well into the pennies but imo it would have been a LOT cheaper than where they are today (basically at the mercy of roger imo). But after September 1's record date, they were LOCKED IN imo. I think the shorts honestly were in denial about any of this actually working and sticking it to them. I think GEMM was provided to accelerate the shorts' realization of the trap they were in. Was the second GEMM distribution the straw to break their backs? We'll see. At some point, I truly believe they will have to come to the table and strike a deal -- you can only imagine the possibilities that open up on any such deal.
Now, as if the above isn't controversial enough, I will add this to the thinking. I think whatever deal is struck will help the shorts. That is, to have a full accounting of everything and to get the shorts to actually pay up timely and efficiently, I believe the shorts will be given a future in cmkx. they will have to pay through the nose NOW for what they have caused but I believe the deal will be struck in such a way that the shorts will have a vested interest in cmkx's future success for their OWN success (that is, if they have any desire to get out of this with financial success). why would this be offered to the shorts? because, imo, a) you DON'T want these people to continue to have a vendetta against you b) it would ALWAYS be better to have big money ON your side instead of against you, and c) by the time I believe they would profit off of cmkx, the anti-shorting rules would be much stiffer and they would not be able to continue these types of abuses.
Again this is all just my opinion. But I simply do NOT see how the roaches can escape the motel at this point. They are in imo, they are stuck imo, and they will do what they need to to get out imo. Even if it means a direct deal under the guidance of roger.
take it all for what it's worth. i believe cmkx will finally move when the shorts finally give up their arrogance and accept the situation they are in. they have not yet imo. imo they will soon.
Z
As always, these are my personal opinions.
Hopefully nobody in here is investing anything but "fun" money that they can afford to gamble with.
